By Jonathan Eberle |
A new study by Cinch Home Services has revealed that Arizona ranks among the top states in the nation for rising property values over the past decade, with home prices in the state increasing by more than 120% since 2015.
According to the analysis—which used Zillow’s Home Value Index to track average property prices between 2015 and 2025—Arizona ranks tenth overall, with an impressive 120.3% increase in average property value over the ten-year period. The state’s most dramatic growth occurred between 2021 and 2022, when home values surged 28.1% in a single year.
Arizona’s rise mirrors a broader national trend in which several western and southern states saw explosive growth during the early 2020s housing boom. The study found that many states experienced their steepest gains in the immediate aftermath of the COVID-19 pandemic when housing demand and home improvement projects spiked.
Leading the nation is Idaho, where property values jumped 156% over the decade—nearly doubling Arizona’s rate of growth. Utah followed with a 128.4% increase, while Washington, Florida, and Nevada rounded out the top five. Other high-growth states include Georgia, Tennessee, Maine, and New Hampshire, each seeing increases above 120%.
At the opposite end of the spectrum, Louisiana recorded the smallest increase in home values over the past ten years, at just 23.4%. A spokesperson for Cinch Home Services noted that the results highlight how local markets—not the national average—often drive housing trends.
“This study reveals something especially insightful: the housing market moves in local clusters as opposed to nationally,” the spokesperson said. “The biggest surprise was that between 2021 and 2022 saw the largest value jump across all states. One possible reason is that more people spent time at home in 2020 making improvements, then sold or reassessed their property’s value the following year.”
The spokesperson added that homeowners looking to boost their property’s worth should focus on “first impressions,” recommending improvements such as fresh landscaping, parking availability, or a new front door to enhance curb appeal.
Top 10 States for Property Value Growth (2015–2025)
- Idaho – 156%
- Utah – 128.4%
- Washington – 127.1%
- Florida – 125.3%
- Nevada – 124.4%
- Georgia – 122.5%
- Tennessee – 121.3%
- Maine – 121%
- New Hampshire – 120.7%
- Arizona – 120.3%
Jonathan Eberle is a reporter for AZ Free News. You can send him news tips using this link.
